TCNRF (Tokyo Century) Days Payable: 56.01 (As of Mar. 2026) — 32% Below Median


TCNRF Tokyo Century Corp TCNRF
78 GF Score
Price $10.32
GF Value $7.02
! 8 Warning Signs
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What is Tokyo Century Days Payable?

Tokyo Century TCNRF -6.27% 78 Days Payable is 56.01 as of Mar. 2026, which is 32% below its 10-year median of 82.63. GuruFocus rates TCNRF with a GF Score™ of 78/100 and a GF Value™ of $7.02. The stock has 8 warning signs investors should review. Among 941 Business Services companies, Tokyo Century ranks better than 60.57% on this metric.

Tokyo Century's average Accounts Payable for the three months ended in Mar. 2026 was $1,225 Mil. Tokyo Century's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,995 Mil. Hence, Tokyo Century's Days Payable for the three months ended in Mar. 2026 was 56.01.

The historical rank and industry rank for Tokyo Century's Days Payable or its related term are showing as below:

TCNRF' s Days Payable Range Over the Past 10 Years
Min: 61.25   Med: 82.63   Max: 102.06
Current: 61.25

During the past 13 years, Tokyo Century's highest Days Payable was 102.06. The lowest was 61.25. And the median was 82.63.

TCNRF's Days Payable is ranked better than
60.57% of 941 companies
in the Business Services industry
Industry Median: 46.9 vs TCNRF: 61.25

Tokyo Century's Days Payable declined from Mar. 2025 (61.89) to Mar. 2026 (56.01). It may suggest that Tokyo Century accelerated paying its suppliers.


Tokyo Century Days Payable Historical Data

* Premium members only.

The historical data trend for Tokyo Century's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tokyo Century Days Payable Chart

Tokyo Century Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.32 72.21 74.14 74.17 75.17

Tokyo Century Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.89 62.79 57.80 58.81 56.01

TCNRF vs URI, SUNB, AER: Days Payable Comparison

For the Rental & Leasing Services subindustry, Tokyo Century's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tokyo Century Days Payable vs Business Services Industry

For the Business Services industry and Industrials sector, Tokyo Century's Days Payable distribution charts can be found below:

* The bar in red indicates where Tokyo Century's Days Payable falls into.


TCNRF
78GF Score
Tokyo Century Corp TCNRF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokyo Century Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Tokyo Century's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1520.084 + 1411.345) / 2 ) / 7117.456*365
=1465.7145 / 7117.456*365
=75.17

Tokyo Century's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1038.348 + 1411.345) / 2 ) / 1995.416*365 / 4
=1224.8465 / 1995.416*365 / 4
=56.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 56.01 mean?
Tokyo Century (TCNRF) has a Days Payable of 56.01 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tokyo Century and its competitors. This is 32% below median its historical median of 82.63. Over the past decade, Tokyo Century's Days Payable has ranged from 61.25 to 102.06. According to the industry distribution chart, Tokyo Century ranks #371 out of 941 companies in the Business Services industry, placing it in the top 39.4%.
Is Tokyo Century's Days Payable too high?
Tokyo Century's current Days Payable of 56.01 is 32% below median its 10-year median of 82.63. Over the past 10 years, this metric has ranged from a low of 61.25 to a high of 102.06. The Business Services industry median Days Payable is 46.90. Tokyo Century's value of 56.01 is 19.4% above this industry median. Based on the distribution chart, Tokyo Century ranks #371 out of 941 companies in the Business Services industry, which is above the industry midpoint. Overall, Tokyo Century has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Tokyo Century's Days Payable compare to URI and SUNB?
According to the Business Services industry distribution chart, Tokyo Century ranks #371 out of 941 companies for Days Payable. This puts Tokyo Century in the upper half of its industry. The industry median Days Payable is 46.90. Tokyo Century's value of 56.01 is 19.4% above this benchmark. Historically, Tokyo Century's own Days Payable has ranged from 61.25 to 102.06 over the past decade. While the company's 10-year median is 82.63 vs. the industry median of 46.90, Tokyo Century has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Business Services company?
The median Days Payable among Business Services companies is 46.90, based on 941 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tokyo Century's current Days Payable of 56.01 is 19.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tokyo Century and its competitors. For the Business Services industry, the median Days Payable is 46.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Century's current Days Payable is 56.01, which is 32% below median its own 10-year median of 82.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Century stock overvalued right now?
Tokyo Century (TCNRF) has a current Days Payable of 56.01. The stock's GF Value™ is $7.02, compared to a current price of $10.32 — trading 47% above its estimated fair value. The current Days Payable is 56.01, which is 32% below median its 10-year median of 82.63 and 19.4% above the Business Services industry median of 46.90. Tokyo Century's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Tokyo Century (TCNRF), the current Days Payable is 56.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tokyo Century (TCNRF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Century stock appears to be overvalued. The current stock price of $10.32 is trading 47% above its estimated GF Value™ of $7.02.

Key valuation signals for TCNRF:

  • Days Payable: 56.01 (32% below median its 10-year median of 82.63)
  • GF Value™: $7.02 vs. price of $10.32 (47% above fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 19.4% above the Business Services median (#371 of 941)

No single metric tells the full story. See the TCNRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Century Business Description

Other Exchanges 8439:Japan
Address 3 Kanda Neribeicho, Fuji Soft Building, Chiyoda-ku, Tokyo, JPN, 101-0022
Tokyo Century Corp is engaged in leasing and financing businesses. The company operates through five reportable segments: Domestic Leasing Business, Automobility Business, Specialty Business, International Business, and Environmental Infrastructure Business. Its activities include leasing and financing for equipment and facilities, auto leasing and car sharing, loans and investments for ships, aircraft, and real estate, as well as renewable energy and related services. It generates the majority of its revenue from the Domestic leasing segment, which includes information and communication equipment, office equipment, industrial machine tools, transportation equipment, and commercial and service industries.
78GF Score

Get the complete analysis for TCNRF

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.32
Price
$7.02
GF Value